Assistant Real Estate Manager

About Americana Restaurants

Americana Restaurants operates a portfolio of leading global brands across the Kingdom of Saudi Arabia, including KFC, Hardee's, Pizza Hut, Krispy Kreme, TGI Fridays, and Peet's Coffee. The company is seeking an experienced real estate professional to support its expansion initiatives.

Role Overview

The Assistant Real Estate Manager will be based in the Riyadh Head Office, reporting to the Senior Manager Real Estate. This is a full-time, office-based position that requires regular site and trade zone visits across the Kingdom. The role involves driving the company's expansion by managing site acquisition, deal negotiation, and portfolio management.

Key Responsibilities

• Identify, assess, and secure new sites across the Kingdom, then hand them over to the Construction team.
• Build and maintain a pipeline of sites developed in advance of brand growth targets.
• Maintain trade zone files and pipeline reports, tracking new developments within each trade zone.
• Prepare Investment Committee tours and approval reports for new openings.
• Negotiate lease terms, rent reductions, rent reviews, and lease renewals against internal budgets and market benchmarks.
• Assess financial viability and planning probability, and manage the legal process through to signing.
• Ensure lease registration and documentation meet Saudi requirements, including the Ejar platform.
• Minimize property cost inflation across the restaurant portfolio.
• Monitor and challenge rent, service charges, insurance, and dilapidation claims, instructing specialist consultants when needed.
• Build a complete profile for each store, including title deed, owner ID, utility accounts, and official layouts.
• Deliver effective disposal of closed and surplus stores in line with market conditions.

Stakeholder Relationships

• Build and maintain relationships with significant landlords, developers, retail and hotel companies, and investment funds.
• Work closely with internal departments including Finance, Legal, Lease Administration, Brand leads, and Design & Construction.

Qualifications and Experience

• 5-10 years of experience in real estate.
• Must be a Saudi national.
• Demonstrated experience in site acquisition, deal negotiation, and portfolio management.